Loans to Agricultural, Small Business & Services, Housing, Personal, Education and Banking Services like Mobile Banking, Internet Banking, Insurance, NEFT, RTGS, IMPS, Safe Deposit Lockers, ATM services. Deposit products with attractive interest rates.
Andhra Pradesh Grameena Vikas Bank is an Indian Regional Rural Bank headquartered in Warangal, India. It was established in 2006 as a Regional Rural Bank as per Regional Rural Banks Act of 1976. By amalgamation, on 31 March 2006, of the following 5 banks, sponsored by SBI, to participate more energetically, with synergy, in the upliftment and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts. It is under the ownership of Ministry of Finance, Government of India.
Amalgamated Five Regional Rural Banks
Sri Visakha Grameena Bank (Established on 30-09-1976)
Nagarjuna Grameena Bank (Established on 30-04-1976)
Sangameswara Grameena Bank (Established on 31-03-1982)
Manjira Grameena Bank (Established on 31-03-1982)
Kakathiya Grameena Bank (Established on 28-06-1982)
Districts Covered
IN TELANGANA STATE
Bhadradri Kothagudem
Bhongir
Bhupalapalli(Jaishanker)
Gadwal Jogulamaba
Jangaon
Khammam
Mahabubabad
Mahabubnagar
Medak
Nagarkurnool
Nalgonda
Rangareddy
Sangareddy
Siddipet
Suryapet
Vikarabad
Wanaparthy
Warangal Rural
Warangal Urban
Yadadri Bhuvanagiri
IN ANDHRA PRADESH STATE
Alluri Sitharama Raju
Anakapalle
Parvathipuram Manyam
Srikakulam
Visakhapatnam
Vizianagaram
Ownership
Government of India :50%
Government of Andhra Pradesh :15%
State Bank of India :35%
Andhra Pradesh Grameena Vikas Bank has its branches in Andhra Pradesh and Telangana
